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shall enter into a contract with a service provider or entity that specifies -
(a)
the specific functions that the service provider or entity is to perform, including quantifiable performance
measures;
(b)
the amount of money that the Committee will provide;
(c)
(d)
7)
the scope and duration of any requirements to provide
cost-based, non-discriminatory access to other
licensees; and
the duration of the agreement.
The Committee
Act, be responsible for -
(a)
shall, consistent with the provisions of this
adopting and publishing an annual universal service
plan;
(b)
designating the licensees required to make contributions to the universal service fund, and establishing a
methodology to determine the amount of each
licensee’s contribution;
1)
collecting all universal service funds contributions;
(d)
allocating funds for specific universal service projects;
1)
monitoring the expenditure of funds allocated from the
Fund;
(
adopting a manual of procedures;
(g)
commissioning an annual independent audit; and
(h)
adopting and publishing an annual report, including
audited financial statements.